THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from February 12, 1998

A Debate to Watch
MINNEAPOLIS -- For those who object to the basic concept of government providing multimillion-dollar facilities for professional sports teams, Minnesota is going through a major battle that should be watched carefully.The Minnesota Legislature has said...
Advertising That's out of This World
NEW YORK (AP) -- The pen was mightier than the word when late- night television crossed the final shopping frontier early Saturday.Two Russian cosmonauts aboard the Mir space station, appearing live on the QVC shopping channel, set out to hawk the American-made...
American Households Investing More in Stock Market
After three years of rapidly rising stock prices, American households have more of their fortunes invested in the stock market than at any time in the last 50 years -- and perhaps ever.Even that most prized possession, the home, has taken a back seat...
Are You Fit to Sell?
What does physical fitness have to do with sales success? Everything.Selling is a blend of mental and physical symphonic motions that perform in harmony with each other. When your mind and body aren't working in unison, the performance is off key.Think...
Athlete Salaries: Forget the Money, Show Us You Care
Now that the Super Bowl is over, football players can sit back and dream about the higher salaries that are guaranteed as part of the National Football League's recent $17.6 billion eight-year television deal. And the spiraling salaries are certain to...
Bankruptcies Continue to Drop
While January's bankruptcies in the Western District showed a refreshing three-month decline, results indicate an increasing shift to Chapter 13 filings.Petitions submitted last month equaled 966, down 2 percent from December 1997 and 4 percent from...
Bankruptcy Judge Ruling Brews More Skirvin Questions
Kanela & Co. barely had its money counted for the sale of the Skirvin Plaza Hotel before bankruptcy judge John TeSelle called for do-overs.Though he granted the real estate agency a $66,000 commission for the sale of the 87-year-old inn as part of the...
Bode Finds Pace for Competition Too Slow
Two years after passage of the federal Telecommunications Act of 1996 and adoption of state-specific rules by the Oklahoma Corporation Commission, the progress of competition in the local marketplace continues to move at a unsatisfactorily slow pace,...
Business World
Securing an armrestNEW YORK (AP) -- Give business travelers a choice, and they'd rather sit with a colleague than a boss while flying. That's the finding of a national survey of 1,000 business travelers commissioned by the Shuttle by United. Eighty-seven...
Cendant to Hire 200 Employees in Moore
Cendant plans to hire 200 employees at its new Moore facility by the end of the year.The 43,000-square-foot call center for Cendant's Travelers Advantage membership-based travel service celebrated its grand opening Wednesday. Nearly twice the size of...
Cherokee Nation Seeks Arkansas River Port
MUSKOGEE (AP) -- The Cherokee Nation wants to establish a port on the Arkansas River using 1,100 acres the U.S. Army Corps of Engineers deeded to the tribe near Webbers Falls.The Cherokees hope to create jobs and boost the economy if the port becomes...
Chesapeake, DLB Rework Merger Terms
OKLAHOMA CITY (JR) -- Chesapeake Energy and DLB Oil & Gas have renegotiated terms of their Oct. 22 merger agreement to reflect lower oil and natural gas prices.Under the original agreement, Chesapeake agreed to acquire all of DLB's Mid-Continent oil...
Computer Associates Offering $9 Billion for Computer Sciences
NEW YORK (AP) -- Computer Associates International, the world's biggest maker of business software, has offered $9 billion in cash for Computer Sciences Corp.Computer Associates had $4.5 billion in revenue last year while Computer Sciences generated...
Court Rules TPQ Not Entitled to Investment/jobs Tax Credit
Oklahoma Supreme CourtFor the week ending Feb. 10TPQ Investment vs. State, ex rel., Oklahoma Tax Commission, No. 85,150. The Oklahoma Tax Commission correctly determined that TPQ and its wholly owned subsidiary, Pro-Quip, were not entitled to investment/jobs...
Courts Adapting to Mass Torts
It seems that about once each year, a product with widespread national use suddenly appears to be more harmful than helpful. That, of course, usually breeds a plethora of lawsuits across the country.The latest mass tort is the diet drug regimen known...
Devon Seeks Burlington Trust Units
OKLAHOMA CITY (JR) -- Devon Energy said Wednesday it will buy Burlington Resources Coal Seam Gas Royalty Trust for about $80 million.Devon said it will offer $8.75 per unit in cash for any and all of the units of Burlington. The tender offer will not...
Fred Jones Industries to Sell Autocraft Unit
Westmont, Ill.-based Aftermarket Technologies will buy Autocraft Industries -- the manufacturing unit of Oklahoma City's Fred Jones Industries -- for $125 million.A $300 million publicly traded drive train remanufacturer and distributor, Aftermarket...
Free E-Mail Alerts Growing Part of Today's Internet
Could you use a nudge when it's time to take your dog in for shots? Would you like a heads-up when air fares to your favorite city are low? Want a warning when you should move your car for street cleaning? Or a whisper when an apartment is for rent?Free...
Grain, Soybean Futures Decline
Grain and soybean futures fell sharply Wednesday on the Chicago Board of Trade after government reports indicated the economic crisis affecting many Asian nations will have a deeper impact on U.S. goods than originally believed.On other markets, orange...
Homebrew Beer Suppliers Trying to Survive `Shakeout'
BLOOMINGBURG, N.Y. -- Lager `N Suds, Mark Diamond's homebrew supply shop, is headquartered in the garage of his country home.It's a low-overhead business he began with a couple thousand dollars. But it's also a low-volume business, and he works as a...
IBM Invests in Microprocessor Chip Maker
NEW YORK (AP) -- IBM is buying a small maker of microprocessor chips in a drive to speed development of tinier and more efficient mobile phones and all-in-one electronic gizmos -- some so tiny they can fit in a wristwatch.International Business Machines...
Judge Postpones SBC Order
WASHINGTON (AP) -- Southwestern Bell Telephone's application to provide long-distance service in Oklahoma suffered another setback Wednesday.Accepting pleas from the government, AT&T, MCI and Sprint, a federal judge decided Wednesday to postpone implementing...
Mortgages
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
New Locations
Received: 2/10/98Carter CountyONEOK Resources Co.; Box 871, Tulsa 74102-0871 (918-588-7700); #1-1 J.L.; nw sw ne 1-3s-1e; 1065' fsl & 528' fwl; TD 7000' ...Test; 6285' Hunton; On permit ONEOK Resources Co.; #2-5 Markham; sw ne sw 5-3s-2e; 1572' fsl...
OKC Homes Claim 11th-Lowest Median Resale Price
WASHINGTON (AP) -- Oklahoma City had the 11th-lowest median resale price for homes during the fourth quarter.Oklahoma City's median resale prices of $77,400 for the quarter was up 4.5 percent from a year earlier.Nationally, the median price rose 6.2...
Policies Pushed to Hike Personal Income Growth
Kicking Oklahoma's per capita personal income upward from 80 percent of the national average, where it has languished for the past decade, will take a multi-year, concerted effort concentrating on boosting low business productivity and work force participation...
Presence of Residential E-Mail Addresses Rises in Phone Books
ROCHESTER, N.Y. -- Mike Robinson is an e-mail aficionado.To keep in regular contact with friends and far-flung relatives, he finds that communicating through his home computer is frequently more fun, more mutually convenient and less expensive than using...
Savings Just around the Corner?
This month marks the second anniversary of the sweeping Telecommunications Act. Most likely, Oklahomans will greet the news with a stupendous yawn.Remember the gilded promises? Cheaper cable rates, cheaper long- distance calls, cheaper local phone service?...
Shell May Cut E&P Budget
HOUSTON -- A Royal Dutch/Shell Group official said the world's largest oil company may cut its exploration and production budget if U.S. oil prices don't rise.Mark Moody-Stuart, group managing director for Royal Dutch/ Shell, said Shell might cut its...
State's Electronic Commerce Pilot Program Clears First Hurdle in House Commitee
Legislation creating a pilot program for the use of electronic commerce within state government has been passed by the House Science, Technology and Telecommunications Committee.Senate Bill 3287, by Rep, Fred Perry, R-Tulsa, is one of two measures resulting...
Technology Pioneers in Oklahoma
An Oklahoma company is pioneering the concept of "visual e-mail" for computer users, the first fully operational concept to be brought to market, state officials were told Wednesday.Lyndon Wood, chief executive officer of WorldConnect Communications,...
TV Shows Host Flurry of Lawyers Explaining Issues
WASHINGTON -- Lawyers are flocking to television studios to explain legal issues and second-guess strategy on Monica Lewinsky, Karla Faye Tucker and Americans in other high-profile cases, feeding a huge public interest since the O.J. Simpson trial."The...
U.S. Bonds Post Big Increase, Stocks End Trading Mixed
NEW YORK (Bloomberg) -- U.S. bonds posted the biggest gain Wednesday in almost two weeks as expectations for scant inflation and shrinking government borrowing bolstered demand at the Treasury's sale of $12 billion of new 10-year notes."The government...
Warranty Deeds
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...
Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.